How AirBnb Is Hurting An Already High-Cost, Shrinking Housing Market

The video discusses the impact of short-term rental platforms like Airbnb on housing markets globally. It highlights accusations of these platforms driving up housing prices and contributing to shortages. The video examines data from cities like New York, showing economic effects and demographic shifts. It also explores the role of gentrification and the response of city councils through regulations. The future of the short-term rental market is considered amidst growing discontent and regulatory actions.

Discuss the relationship between Airbnb hosts and gentrification in neighborhoods.

What are some potential positive impacts of Airbnb on local economies as argued by the company?

What role do local governments play in regulating short-term rentals?